Will Uniswap Reach $100?

Last Updated January 21st 2022

7 Min Read

Experts agree that Uniswap UNI reaching $100 looks pretty likely. Wallet Investor, a respected trading predictions site for crypto assets, predicts Uniswap might reach $100 in 2027, by beginning the year at $88.59.

When Uniswap launched in September 2020, it had a listing price of $0.48. Getting into the industry ten years later, and a DeFi-centered token, Uniswap, was considered a non-starter. And with these many odds stacked against it, no one really expected it to record such a significant price jump this fast.

Eight months later, the UNI token morphed into one of the most valuable additions to the crypto industry. It has amassed a massive following during this time, which helped push its prices up by more than 5700% - according to CoinmarketCap - during this period.

Today, Uniswap has a market capitalization of $8 Billion, making it more valuable than Robinhood or Chime. The speedy growth has also seen it rise and become the 23rd largest cryptocurrency by market cap - effectively dethroning such industry pioneers as Bitcoin Cash and Ethereum Classic.

But is the popularity currently being enjoyed by the UNI token enough to help it reach $100?

We start answering this by looking at its current position in the cryptocurrency market.

Uniswap Current Price

At the time of writing, Uniswap is trading at $14.14, according to CoinMarketCap, representing a 68.44% dip from its all-time high price of $44.97.

Much of this value loss was reported at the end of December 2021, when the market dropped after many cryptos reached new highs in the previous weeks.

Uniswap hit the ground running fast with its prices soaring to $7 in the first 48 hours after launch. But like most other digital currencies, the momentous jump was followed by a dip and close to three months of stagnant price action. It would then re-pick this pace in February 2021 when it was still trading around $25 and push it to its current highs of $44.97.

Moving forward, crypto analysts like Alyse Killeen, the founder of Bitcoin-focused StillMark Capital, expect Bitcoin to recover from the current dip. Explaining why she believes the crypto market will rebound soon, Alyse said that correction sizes of 30-40% are part of the crypto bull market.

A recovering crypto market would also help cryptos like Uniswap retrace their winning price trajectory.

But would this help it reach $100?

Don't Miss: Uniswap Price Predictions

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So, Will Uniswap Reach $100?

At the beginning of last May, Uniswap was still enjoying a wild bull run towards $50. Its investors and crypto market chart-watchers were convinced that it would hit $100 before the end of the crypto market run.

In retrospect, much of this price drive could be attributed to the crypto environment in which the relatively new altcoin was born into. At the time of its launch, a crypto market rally was simmering and ready to explode. The DeFi was also gaining traction as investors flocked different protocols, locking funds in different income-generating services.

The fact that Uniswap was already a popular and highly distinguished decentralized exchange before the launch also helped turn the coin’s fortunes. Most investors were particularly drawn in by the fact that Uniswap was started by an Ethereum developer and had the blessings of Ethereum co-founder Vitalik Buterin - who mooted the idea of an Automated Market Maker DEX.

As the crypto market broke into a rally and the DeFi’s popularity exploded, UNI tokens benefited from uptrending prices.

To establish whether it still is possible for the UNI token to reach $100, we need to look at the factors expected to impact the altcoin prices moving forward.

First is the unbowed DeFi ecosystem. Between June 2020 and May 2021, the DeFi platform grew from $700 in funds committed here to over $80 Billion. Being the second most popular decentralized exchange and liquidity aggregator, Uniswap currently contributes more than 5% of this DeFi pulse. Moving forward, as this DeFi pulse burgeons, Uniswap is expected to continue attracting activity on its platform, which effectively pushes up the price of the 1 Billion tokens created by the DEX.

The platform developers introduced the Uniswap V3 Mainnet, whose impact on the price of the coin has been dimmed by the retracting crypto market. As the market recovers, the DeFi protocol users are expected to shine a light on the upgrades, which are expected to have a positive impact on its prices.

Technical analysis by Wallet Investor confirms our estimates as it predicts that Uniswap prices will eventually recover. It expects the coin to be trading at around $44.91 by May next year. Over the next five years, the price-forecasting website expects the coin to grow to $88.59.

However, the crypto analysts at Digital Coin Price do not share in this optimism. While their analysis expects the UNI token process to continue rising, they expect the token to do so in a very slow pace. By the end of 2029, the site predicts a price of only $61.

Will Uniswap Reach $500?

If the crypto market was to recover and help Uniswap reach $100 by the end of the year, there could be a real possibility of UNI tokens reaching $500 in the next five years.

But with the current overall sentiment, the timeline escapes further into the distance.

The fact that Uniswap price is driven by use case and its platform seeks to solve a verifiable problem in the crypto industry ensures that its price will eventually rise. It is only that the time during which it could have reached $500 has been pushed further down the road.

Check Out: Will Uniswap (UNI) Make Me Rich?

What Will Uniswap Be Worth In 2025?

Right now, there is no telling the direction that Uniswap will take between now and 2025. But despite the raging crypto market, Uniswap will almost certainly be worth more in 2025 than it is today.

The technical analysis by Long Forecast aligns with this analogy and concludes that the Uniswap altcoin will continue with a rather uninspired uptrend. By mid-2025, this analysis indicates that Uniswap will have reached $18.49.

Coin Price Forecast is more optimistic about Uniswap's future. Using technical analysis, the website indicates that Uniswap UNI token prices will grow in the coming years and proceed with a gradual pace that sees them reach $29.28 by the end of 2025.

Conclusion

Uniswap has had one of the most successful entries into the crypto market with its princes jumping from $0.48 to $44.97 in less than eight months. This year to date, the DeFi-centred altcoin is up 500% and would have recorded a better performance were it not for the turbulence rocking the crypto market today.

Most crypto analysts are nevertheless convinced that Uniswap prices will continue soaring in the future. Driven by increased use cases, the continued DeFi explosion, and recovered crypto market rally, Uniswap prices are expected to continue growing into the near future.